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Chinese spend $ 9.5 billion in digital yuan

November 4, 2021
Source: aroged.com aroged.com
News Snapshot:
One of the leaders of the People’s Bank of China (NBK) said that as of October 2021, 140 million Chinese citizens opened e-wallets for the digital yuan, and the total volume of transactions has already reached 62 billion yuan ($ 9.5 billion). The announcement was made by Mu Changchun, CEO of the Institute of Digital Currencies at the NBK, during the Fintech Week in Hong Kong. According to him, the state did not set an official date for the introduction of the digital yuan into circulation – the new form of currency was also designated e-CNY. Governments around the world...
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Tags: bank | Bank of China | bitcoin | blockchain | CEO | Changchun | China | Chinese | crypto | currency | digital | E-CNY | finance | financial | fintech | government | Hong Kong | international | IT | KONG | payment | Renminbi | retail | technology | Yuan

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